By Scott Jaschik, Inside Higher Ed
Faculty members earn 15 percent less than others with advanced degrees, study finds. They work equally long hours. Professors earn about 15 percent less than others with advanced degrees, finds a study published Tuesday by the National Bureau of Economic Research. The study, “Why Are Professors ‘Poorly Paid’?,” uses data from the Current Population Survey to compare the salaries and other characteristics of those with Ph.D., Ed.D., J.D. or M.D. degrees. Those who reported their profession as “postsecondary teacher” were compared to everyone else. The study was conducted by Daniel S. Hamermesh, an economist at Barnard College.
Share on Facebook